|
Transport cost |
|
|
|
Home Site Map Add Term Search About Us Contributors |
Transport costThe cost of transporting a good, especially in international trade.Similar MatchesIceberg transport costIceberg transport costA cost of transporting a good that uses up only some fraction of the good itself, rather than using any other resources. Based on the idea of floating an iceberg, which is costless except for the amount of the iceberg itself that melts. It is a very tractable way of modeling transport costs since it impacts no other market. Due to Samuelson (1954). Transportation costTransportation costSee transport cost. |
|
|
|